Some aspects of what the PNO meeting is trying to achieve is a worthwhile cause. However, if the group does not get close to 50% of the votes i would recommend dropping the whole thing as it is going to hurt the company, our shareholdings and waste further time.
If things get messy you can say goodbye to current SP and Thermalife. SP will be alot lower then now which would make the recent CR a failure, hence Thermalife will be dead for even longer. Needless to say if the action gets to the media this will attract bad publicity and further hinder our chances to launch a full scale attack on market leaders.
To think JP converted 2mil shares to use as votes is farfetched as in the scheme of things 2mil is a drop in the ocean. Maybe JP is trying to restore some faith who knows!!
I agree with EVERYONE that we need a change from management in the way of communication to the market making it more clearer, consise and regular which is what the last shareholder update on 31 May tried to acheive (IMO) but they just need to keep those updates up!
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